Investment Q&A

Q: Which would you pick and why? how long of a term would you leave your investment? Thanks

Q: I am heavily weighted in Brookfield right now (BPY, BEP, BEPC)– across all my accounts they are at 15% of my holdings, largely due to the great run BEP as been on. I'm looking re-balance and am considering two choices: (1) I could dump my entire BPY stock (I'm down roughly 20%) which would reducing my overall Brookfield holdings by 4%, or (2) I could take some profit from BEP to do the same, leaving BPY in the hopes I recover some of that loss.

Which would you recommend?

Q: I am considering selling KEY for a tax loss. In this context which company would you suggest as a proxy to buy in the 30 day period before KEY could be bought again, without offending the CRA in terms of superficial selling.

Q: Hi team,
I am wondering what the difference is between BEP and BEPC. Also, which of the two would you prefer as a play on renewable energy

thanks
Paula

Q: Hi guys,

I'm looking for potential opportunities in the energy space where the line between clean and fossil, as well as energy vs utilities seems to blur more and more. Also there seems to be increasing suggestion that big oil is interest to move into this space with investment and engineering capital.
Are these corporations good opportunities and if so do they look to be positioned as underpriced for growth relative to the current frothy players like npi and bep?

Q: I own both BIPC and BEPC and have done very well thanks to your recommendations. You have indicated lately in some of your answers that BAM.A is very attractive at these prices. Is it too much Brookfield to take the profits in my two holdings and purchase BAM.A.

Thanks for your continued guidance throughout this turbulent year.

Dave.

Q: Do you prefer Loblaws or the holding company George Weston? Why?

Q: For the average retiree what would be a recommended or realistic portfolio dividend yield to aim for?
Thank you

Q: Picked this one and did well, now wondering if should keep or sell?
Chart looks good, lumber price up, consumer cyclical stocks rolling, good latest reporting, and debt reduction.
Dividend not a consideration to me.
What would you do?

Q: Hi Team:

I just noticed the book value of my BEP.un dropped a lot from August, is it because the free BEPC given to share holders´É. Also, the description of the free shares says non-taxable. Will appreciate your explanation.

Thank you.
LL

Q: I hold all of these utilities and would like to consolidate into one as a reliable dividend stream with some potential for a small amount of growth over 10-15 years (I hold in a RRSP). Which utility would you recommend to achieve this objective?

Q: Looking to sell cvx and move back to Canada would you see this as a good move or would the oil sector be a little safer in the US with more growth potential and less environmental negative news going forward.If you agree with selling could you give me a replacement in Canada held in a rrsp.

Q: Please comment on the relative pros and cons for each, and rank them for purchase soon. I am grateful for your excellent service!

Q: I have no utilities exposure. I want to add 1 Company. I was looking at Fortis because I believe they are your favourite given their size and history of dividend increases. They currently are mostly electricity delivery (<90%) with some renewables and fossil fuel. By 2035 they expect to increase renewables from 2% to 7%. That seems like a long time for such a small increase. They are eliminating their fossil fuel generation. If I prefer to invest in a utility with more of a focus on renewables, would AQN or BEP.UN be a better bet. Shouldn't they do better as renewables become 'trendier'? Which do you prefer out of AQN and BEP.UN. BEP.UN has had quite a run recently.

Q: I read a report that indicated that short positions in Algonquin were increasing of late. Can you briefly explain the short thesis?

Q: LIF-T issued a press release announcing a dividend payable Dec 17, 2020. The release did not state the 'ex-date' or the 'amount per share', Can you provide this detail? Thanks

Q: Please rank these stocks in terms of safety of dividends and please provide payout ratio for each. Thank you!

Q: While favouring ENB and PPL, I can’t help but find some of the U.S. pipelines of interest. Is HESM an acceptable alternative? Which others? Thanks!

Q: Hi 5i,
Can your recommend 5 good top Canadian dividend stocks that might be good buys today for a non-registered account (BAM in RRSP) 7+ years hold. I do follow and own most of the income portfolio picks; maybe there are a few that are stronger buy's. I have been watching the tax loss picks but not interested in energy.

Q: I own shares of Brookfield Renewable Corporation (BEPC) and it just continues to defy gravity and move straight up. This has me thinking that an equity raise might be coming anytime now. What do you think the chances are that they do a share issue before the end of the year? Have they already filed a shelf prospectus?

You mentioned in a previous response that if they were to issue shares it would likely be the corporate shares and not the partnership, implying that this might reduce the current premium on the corporate shares. Can you explain why? Wouldn’t the partnership shares suffer the same earnings dilution if they issue corporate shares?

I own the corporate shares in my non-registered account. Would it make sense to sell them from that account and repurchase the partnership shares in my RRSP? I would incur a taxable gain but I already have carried over loses that I can use to offset. In addition I think that there is a possibility that the Government might soon spring a capital gains tax increase upon us (just one more reason to crystalize the gain now).

I couple of question so please deduct credits as you see fit.